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Geelong Property News:
The Reserve Bank’s decision to hold interest rates steady this month has left many disappointed, especially those who were hoping for the first sign of relief after months of rising costs.
With inflation still running above target, the RBA is playing it safe, but for everyday Australians, it’s adding to the pressure. Many in Geelong were expecting a cut, and this hold feels like a missed opportunity to ease the financial strain.
Despite the frustration, Geelong’s property market remains active. We're seeing steady interest from buyers relocating from Melbourne, as well as locals looking to upsize or invest. Stability, even without a cut, can offer some clarity, and many are using this period to plan their next move before the next RBA decision.
While the rate hold isn’t what we hoped for, it’s not a step backward, just a longer wait. If you’re unsure how this affects your property plans, we're here to help you navigate what comes next.
The team and I look forward to seeing you this weekend.
John Moran
Director
10 Mercer Parade, Newtown - One of the most exquisite properties to hit the market in the Geelong region. A high end home of grand proportions. Over three levels and with a lift to all levels, a very flexible floor plan boasts multiple living and entertaining zones, a north facing rear yard with entertaining area and pool and a five car garage. Land 714m2 (approx.)
432-440 Swan Bay Road, Marcus Hill - A stunning rural retreat in the heart of the Bellarine Peninsula. Featuring a classic family home, pool and pool house, ample shedding and a second 2 bedroom dwelling. Sited on 4.05ha of sprawling and beautifully landscaped gardens and well fenced paddocks, this is a beautifully located dream property.
107/6 Bellerine Street, Geelong - Immaculate one bedroom/bathroom serviced apartment in the heart of Geelong’s CBD, waterfront & hospital precinct. Solid returns with high occupancy rates.
1 Pilrig Avenue, Newtown - This neat home in the heart of Newtown is walking distance to schools, shops, transport and much more. Features includes three good sized bedrooms and two bathrooms. Land of 554m2 (approx.).
Lovely Banks - Exceptional luxury combines with spectacular spaces to offer you this unique residence that is private, exclusive and quite simply breathtaking. Six bedrooms, four bathrooms, multiple living and entertaining zones, pool, jacuzzi, sauna, cinema room, tennis court and three car garage. This home has it all.
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